Moreover, the 36-month beta value for YYAI is 0.04.
The public float for YYAI is 4.73M and currently, short sellers hold a 11.69% of that float. On March 10, 2025, YYAI’s average trading volume was 3.55M shares.
YYAI) stock’s latest price update
Connexa Sports Technologies Inc (NASDAQ: YYAI)’s stock price has gone decline by -14.35 in comparison to its previous close of 0.96, however, the company has experienced a 24.58% increase in its stock price over the last five trading days. globenewswire.com reported 2025-02-24 that Smyrna, DE, Feb. 24, 2025 (GLOBE NEWSWIRE) — As foreshadowed in a January 2025 press release, Connexa Sports Technologies Inc. (Nasdaq: YYAI) is pleased to announce that its majority-owned subsidiary, Yuanyu Enterprise Management Limited (YYEM), has signed an MCN (Multi-Channel Network) agency services agreement to create and sell content to TikTok as part of its exciting new vertical centered on social networking applications.
YYAI’s Market Performance
Connexa Sports Technologies Inc (YYAI) has experienced a 24.58% rise in stock performance for the past week, with a 87.29% rise in the past month, and a -39.99% drop in the past quarter. The volatility ratio for the week is 26.01%, and the volatility levels for the past 30 days are at 24.75% for YYAI. The simple moving average for the past 20 days is 29.43% for YYAI’s stock, with a -87.54% simple moving average for the past 200 days.
YYAI Trading at 3.34% from the 50-Day Moving Average
After a stumble in the market that brought YYAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.45% of loss for the given period.
Volatility was left at 24.75%, however, over the last 30 days, the volatility rate increased by 26.01%, as shares surge +93.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.94% lower at present.
During the last 5 trading sessions, YYAI rose by +24.58%, which changed the moving average for the period of 200-days by -94.98% in comparison to the 20-day moving average, which settled at $0.6352. In addition, Connexa Sports Technologies Inc saw -33.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for YYAI
Current profitability levels for the company are sitting at:
- -1.31 for the present operating margin
- 0.46 for the gross margin
The net margin for Connexa Sports Technologies Inc stands at -3.18. The total capital return value is set at -0.98.
Based on Connexa Sports Technologies Inc (YYAI), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at -0.88. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is -3.09.
Currently, EBITDA for the company is -13.1 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 2.17. The receivables turnover for the company is 68.57for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
To wrap up, the performance of Connexa Sports Technologies Inc (YYAI) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
